0900 | Coffee & Registration |
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1000 | Summary of the charity tax landscape
Richard Bray, vice chair, Charity Tax Group and finance, regulatory & taxes manager, Cancer Research UK |
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| Stream 1: Broad view
Chaired by Gareth Jones, senior reporter, Charity Finance | Stream 2: Detailed view
Chaired by Richard Bray, vice chair of Charity Tax Group and finance, regulatory & taxes manager at Cancer Research UK |
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1020 | Liabilities: The basics
A look at the VAT liability of various supplies including exempt, zero and reduced rates. The aim is to ensure that charities are aware of the correct liabilities of their supplies but also that supplies received by Charities have the correct VAT charged on them. Andrew Norman, VAT manager, Buzzacott | Employment tax update
An authoritative and informative update on risks and opportunities for charitable employers in the field of PAYE tax and benefits, including salary sacrifice, whether workers are employed or self-employed and P11D compliance. Alastair Kendrick, tax director, MHA MacIntyre Hudson |
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1100 | Break |
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1130 | Real Time Information
The introduction of Real Time Information is fast approaching and is a major change to the operation of PAYE. This session will explain the operation of the new rules and how the charity sector will be affected. Anne-Marie Boden, senior manager, PKF | Membership subscriptions
A look at the VAT liability of membership subscriptions and whether they can be exempt from VAT. We will also consider subscriptions in return for benefits and whether the subscription fee can be apportioned between the various benefits that might be supplied to the subscriber in return for their payment. Socrates Socratous, partner, SOC VAT |
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1215 | VAT considerations for public sector service delivery
We highlight the key differences between grants and contracts for services, the impact on funding arrangements for both the service provider and the public sector funder, and the different VAT regimes that apply for the parties who may be involved in these arrangements. Debbie Jennings, senior VAT specialist, Grant Thornton | Trading issues, including sponsorship arrangements
We delve into the direct tax implications of trading by charities, what constitutes trading activity with typical examples and a focus on commercial participator and sponsorship arrangements. A brief summary will be given on the basic charity tax exemptions with a more detailed review of the issues surrounding the use of a trading subsidiary company. Luke Savvas, tax partner, Buzzacott |
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1300 | Lunch, proceded by an address from Sam Younger, chief executive, Charity Commission |
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1405 | Gift aid: The basics
Whilst a simple idea the gift aid regime has a number of potential pitfalls. In this session, designed for finance staff new to the sector, we will cover the basic requirements and highlight some of the more common issues that can arise. Anne Gregory-Jones, partner, haysmacintyre | The VAT cost sharing exemption
The VAT cost sharing exemption is now a reality. This session will explore the key conditions of the exemption, including interpretation of the 'directly necessary' test; provide some examples of where the exemption could be used; and share practical experiences from the implementation of cost sharing groups. Richard Wild, director of VAT, PKF |
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1450 | Zero rate reliefs
The best way to mitigate VAT is not to be charged it in the first place. This session will review the most common zero rate reliefs that are available to the charity sector and will serve as a reminder of what goods or services can be purchased without a VAT charge. Linda Skilbeck, senior manager, SOC VAT | Developments in gift aid
This session will cover the scheme for gift aid on small donations, and will also give an update on the new declaration forms and record retention. Mark Ashby, tax manager, Grant Thornton |
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1530 | Break |
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1600 | Collaborative working: Tax risks and opportunities
Collaborative working is increasingly under consideration, whether by full mergers, joint ventures, or the use of trading subsidiary companies. This session considers the complex tax issues regarding VAT, gift aid, corporation tax & PAYE. Katharine Arthur, head of tax and Gerry Myton, head of VAT, MHA MacIntyre Hudson | VAT on listed buildings
We explore the historic position regarding VAT on listed buildings as well as the latest situation following this year’s Budget announcement. Phil Salmon, director of VAT services, haysmacintyre |
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1640 | Drinks reception |
